Litecoin Price Prediction: This Resistance Could Trigger New Rally

Dec 26, 2022 08:00 am Cryptocurrency 117
Litecoin Price Prediction: This Resistance Could Trigger New Rally

Litecoin price remained well bid above the $60 support zone against the US Dollar. LTC is rising and might attempt a fresh rally above the $70 level.


  • Litecoin started a fresh decline below $80 support against the US Dollar.

  • The price is now trading below $70 and the 100 simple moving average (4-hours).

  • There is a key bearish trend line forming with resistance near $70.50 on the 4-hours chart of the LTC/USD pair (data feed from Kraken).

  • The price could start a decent increase if there is a clear move above the $72 resistance.

    • Litecoin Price Eyes Upside Break


    Earlier this month, litecoin price saw a steady decline from well above the $80 level against the US Dollar. LTC price declined below the $75 support zone to move into a bearish zone, similar to bitcoin and ethereum.


    The price gained pace ..

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